Food's Future Is Meatless, Largest Meat Processing CEO Says

Tyson Foods Inc. CEO Tom Hayes recognizes his company’s top product may not be the star of America’s food future.

Hayes, who leads the largest American meat processing company, said Tyson must adapt if it wants to have a place on American tables. He said statistics show that worldwide protein consumption is growing, but meat is being outpaced.

“It’s not just hot in the U.S.; it’s hot everywhere. People want protein, so whether it’s animal-based protein or plant-based protein, they have an appetite for it,” Hayes told Fox Business. “Plant-based protein is growing almost, at this point, a little faster than animal-based, so I think the migration may continue in that direction.”

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